On the heels of last week’s Standard & Poor’s (S&P) downgrade, Moody’s has downgraded Barbados’ Government bond and issuer ratings to Caa3. In a press release issued today, the New York-based international ratings agency highlighted Government’s rising debt and its very limited prospects of fiscal reform. It also said that as a consequence, rising domestic and external […]
On the heels of last week’s Standard & Poor’s (S&P) downgrade, Moody’s has downgraded Barbados’ Government bond and issuer ratings to Caa3. In a press release issued today, the New York-based international ratings agency highlighted Government’s rising debt and its very limited prospects of fiscal reform. It also said that as a consequence, rising domestic and external […]